Elon Musk publicly criticized President Donald Trump’s recent tax-and-spending bill and hinted at creating a new political party on June 4, 2025. Musk’s denunciation stemmed from his view that the bill was a “massive, outrageous, pork-filled” spending measure that increased the budget deficit and harmed his Tesla business.
The dispute escalated with Musk accusing Trump of being in the Jeffrey Epstein files and Trump responding by threatening to terminate Musk’s government contracts amidst a deteriorating relationship. Musk conducted a poll on X asking if Americans want a new party representing the 80% in the middle and warned Republicans of a serious rival if spending and integrity issues persist.
The feud suggests potential political realignment as Musk leverages his platform and fortune to challenge both parties, while Trump remains dependent on Musk’s influence despite their conflict.
